culture

Goals | Are they just wishes in disguise?

Goals | Are they just wishes in disguise?

I have a confession – I despise setting goals.  I read somewhere that you should set goals beyond what you think you can achieve.  And if you reach 70 or 80% of that measurable goal, you’ve succeeded. HUH? In my brain, that means I am constantly striving for the unattainable or I haven’t pushed myself enough.  Why would I want to run a race I cannot win? Consequently, goal-setting has always felt like pie-in-sky wish-setting. Recently, I was listening to a podcast by one of my favorite authors, Hal Elrod, and had a eureka-moment about this very subject.  Geoff Woods, the vice president of The ONE Thing was his guest. Goeff states that: Most people think that the only reason to set a goal is to achieve a desired result.  Yep – I’m right there. But, then he had this to say: “The purpose of a goal should be a dictator of your actions. They should inform the person you can become so you can earn the right to achieve those types of results. And this goes hand in hand with the biggest mistakes.  Most people, because they believe that the purpose of a goal is to achieve a result, Continue Reading »

Advice I would give my kids, and why Profit First is included!

Advice I would give my kids, and why Profit First is included!

“what you think about, you bring about” and  “our thoughts create our reality”  and that “what someone says or does has nothing to do with you, and everything to do with them”. When they were growing up, I felt it was important that they have respect and kindness toward others, no matter what. I still do. Teaching good manners was huge too. They love to call me the “manners Nazi” because chewing with your mouth open, elbows on the table, or slouching are just bad form. Not sure if using the term “Nazi” in this way is considered acceptable anymore, but you get my meaning. I’m visiting my son this week, and it got me thinking about the advice I would give my adult children. Bar none, hands down, no competition it would be: “Do the Profit First cash management method and stick to it like glue!” It may not sound like the kind of advice you would keep forwarding around on a fancy graphic over social media, or have an epiphany about while on some spiritual vision quest. But having a profitable business is exactly the kind of vision we hold for ourselves! Life is SO MUCH BETTER when Continue Reading »

Should Your Small Business Hire an Accountant?

Should Your Small Business Hire an Accountant?

Whether you’ve played baseball, football, basketball or soccer, odds are you signed up to play on a team. This team consisted of a Coach. The coach would observe your abilities during practice or try outs and then make a sound decision on what position you should play — recognizing your strengths. At practice the coach would also identify areas you needed to improve upon, to become a better player on the team. The goal of the Coach is to see the team work together and enhance their skills, ultimately to succeed. When you are interested in learning to play an instrument, speak a different language, learn to dance, or book a fancy vacation – 9 times out of 10 you would seek the help or guidance of a professional in the particular area of interest. The same is true for a small business. As a new/existing business owner, why wouldn’t you want to look for a mentor to help you grow? As an accountant, we like to think of ourselves as a coach or “money partner” to your business. We also enjoy watching young entrepreneurs evolve.The most important thing you can do when it comes to your business finances is Continue Reading »

People Power – Retain Top Talent

The economy is starting to heat up across many sectors. While economic improvement provides opportunities, small businesses are facing the increasing challenge of hiring and retaining talented employees. Why is it imperative to retain your best people? People are the foundation of every successful business. The importance of each employee is even greater within small businesses, especially for those who have felt the pain of losing top talent. Finding a replacement that you trust can be a timely and expensive proposition. So what can you do to motivate and retain employees? Find the right recipe. There isn’t one right answer. It’s important to find a “recipe” of benefits and culture that make employees feel secure and empowered. Traditional motivators such as time-off, healthcare benefits, and flexibility of scheduling are a good start. Don’t underestimate the small things either. Small investments by the business can have large effects on employees. Simple recognition of hard work goes a long way – saying “thank you” or expressing appreciation for a job well done. Wellness programs and the opportunity for community involvement can also build camaraderie and loyalty. Demonstrate opportunity for professional advancement. Beyond simple benefits, many are motivated by the opportunity for new Continue Reading »